Companies operating in managed exchange rate environments may be able to use a similar proxy to establish suitable prices and to profit from currency speculation.
Marilyn B. Misch, PhD
Marilyn B. Misch, PhD, is a professor of accounting at Seaver College, Pepperdine University. She received her PhD in accounting from Arizona State University. In academic year 2015-2016 she served as the faculty member in residence at Pepperdine’s Buenos Aires program.